Ask anyone in the bond market why the 10-year Treasury yield has been easing back from its peak of 4.8% earlier in January, and you’ll probably hear that President Trump’s first week back in the White House lacked any big actions on the tariff front.

Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.

Three key questions are lurking for bonds related to inflation, tariffs and the US government’s growing budget deficit. Click to read.